With technology making it easier for the world to connect, now is the optimal time for you to create a Side Hustle Start-Up and really control how much income you want to generate. Most people aren't aware of how INEXPENSIVE
sales and marketing tools have become in order to generate business. Not only that, gone are the days of having to drag yourself to networking meetings to make connections, when there are tools like LinkedIn
and Shapr
to meet people, and services like Zoom
and Google Meet
to communicate face to face.
What kind of business could I start?
Consultant
- If you are an expert at a topic, educate people who want to learn more about it and charge the value of your knowledge
Affiliate Marketer
- Work together with established companies to help share their product while you generate income from the sales you create
Service Provider
- Everyone needs someone to do something that they either, don't know how to do, or don't want to do. There is a value to your skill, or passion to work.
Not all businesses will require you to take on a massive overhead, in fact, there are a lot of options that will allow you to work from the comfort of your own home.
We are full of ideas here at Rayne, let us see what we could brainstorm together.
What Could It Cost Me?
Really, the most valuable thing that you are giving up is time. As I mentioned before, there are Free tools out there that will help you start and grow your business. You would need to invest your time in learning some of these tools to generate leads.
However, we recommend looking the part when meeting new people. This would be your Brand, consisting of your E-Mail, Website, Logo, and Social Media Accounts. Something I've learned a long time in this business, Perception is Reality. Make sure the first impression is a good one.
Dressing the part would usually cost the same as a finely tailored suit, a few hundred dollars.
What Are The Risks?
Well, that really depends on you. Everyone's situation is different so make sure that when you start, it's the right move for you. Also remember, if you do this properly, and consult a professional accountant, you will have all the information you need to take advantage of incredible tax breaks. It's worth that alone if a) you make a conscious effort to build a business, and b) keep track of all your income and expenses and report it at tax time. The Government loves go-getters and will help where they can.
With all that being said, we at Rayne are here to help you if you had any questions in regards to the Digital Side of starting your business.